Archive for March, 2010
The Moonlight Basin, near the Big Sky, located in Montana, which is also near the Big Sky is facing foreclosure although its lenders, the bankrupted Lehman Bros., are firm to keep it operating as for now. Even the Yellow Stone Club and Promontory are out of bankruptcy and is now in full operations, the plunge [...]
According to the reports, the projected cost of the Cosmopolitan Resort in Las Vegas is now around $3.9 billion, which makes the Cosmopolitan the costliest project ever in Las Vegas for a single lender. The original concept for the Cosmopolitan includes a 75,000 square foot casino, a 1,800 seat theatre and a five-acre Cosmo Beach [...]
The Deutsche Bank had to shell out at least 500 million euros ($748 million) for their recently purchased The Cosmopolitan Resort and Casino. According to the reports, their total amount could still go up in case the Las Vegas market fails to revive. The Deutsche Bank is offering their buyers 74 percent of their deposited [...]
The Cosmopolitan Resort and Casino is a structure that is built on a 8.5 acre lot and is located in between the Bellagio Hotel and the biggest and most expensive hotel resort in Las Vegas, The City Center. Based on the reports, it was taken over by the Deutsche Bank AG, after having been defaulted [...]
This October, analysts may see a clearer picture with regards to revenues in Las Vegas as they will include numbers for a full month by which to compare performance against last year’s sudden collapse of the financial markets. Two of the slowest business months for this year showed in the third quarter in Las Vegas, [...]
Some areas in the US affected by the high foreclosure rates include Detroit, Las Vegas and California where the realtors have placed high discount rates on their asking prices. The newly extended and expanded tax credit is raising the income limits for eligible buyers, which also includes existing homeowners. With the said tax credit extension, [...]
The Panattoni Development Company financed a deal of purchasing a building complex that is built on an 19 acre land and is now offering a competitively prices industrial space for sale, the prices were said to be starting from as low as $100 per square foot. As stated by the Senior Vice President for Panattoni, [...]
The recent unemployment level in Clark County has reached to the level of 13.9 percent in September, nearly doubling its amount compared to the previous year. Based on the reports, the hardest hit was the construction industry, more particularly the residential construction, since it is one of the two main employment sectors in Las Vegas [...]
If you have an impressive credit record, you may able to get attractive mortgage terms with a reasonable amount of arrears in relation to your income and the ability to fully document your income. Another requirement can be easy for people who receives a regular wage and is employed with the same employer for more [...]
Based on the reports, New Jersey has fallen by 12% from a year ago with regards to the median price of its home sales. Home sales and prices in the US have erratically changed every month therefore making it hard to set statistics to its trend. While in places like Virginia and Washington, the real [...]